On: Lawsuit Says 16 Elite Colleges Are Part of Price-F...

[WalterGR]

Of course for decades schools considered home equity a form of cash that they could simply tax or confiscate as desired.

Citation needed.

[MR4D → WalterGR]

I’m not the poster, but here’s just one of many I found with my first Google search:

https://blog.getintocollege.com/how-home-equity-affects-fina...

[WalterGR → MR4D]

I’m referring to the consequence:

that they could simply tax or confiscate as desired.

[cafard → WalterGR]

When I applied to college in 1972 or 1973, the financial-aid assessment wanted to know about my parents' home equity. I do not remember the details, what with the lapse of almost 50 years, but I remember being shocked.